In Ukraine, gas prices for the population will be tied to the dollar exchange rate
Kyiv, March 04 (PolitNavigator, Alexandra Ignatieva) – The Cabinet of Ministers committed to the IMF to link natural gas prices for the population to the exchange rate of the hryvnia and the cost of imported natural gas after April 2017.
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The new link will be made after gas prices are raised to an economically justified level, and they will be adjusted quarterly depending on changes in the exchange rate and the cost of the imported resource, according to the memorandum on economic and financial policy concluded between the Cabinet of Ministers and the IMF, the text of which “Ukrainian News” has them.
The cost of thermal energy for the population, after increasing its price to an economically justified level, will also be adjusted depending on the exchange rate and the cost of imports.
As PolitNavigator reported, Gas prices for the population will increase from 3 to 7 times from April.
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